Here’s a little nugget from Monday’s congressional oil speculation hearings that slipped under the radar. If that one comes to pass, I’ll be the guy doing the Hustle down the middle of Douglas in celebration.
All kidding aside, there’s some good information in this piece as we laymen try to figure out who, if anyone, is telling us the truth on the oil issue.
Which leads me to a pet peeve on all the oil reporting, both locally and nationally: Why do reporters call investment bankers and oil industry officials to get the latest on gas prices?
Maybe it’s just me, but I’m not thinking that Goldman Sachs and Morgan Stanley are going to give me the straight scoop on the day in the oil patch.
2 Comments
Sorry, Bill Wilson, you don’t get a prize for your editorial above, “$2 a gallon gas?” And your offer to dance down Douglas if it does happen. Reminds me of the dance Hitler reportedly did at his birthday party in the Bunker shortly before he wisely committed suicide as the Russians arrived at the front door.
In other words, $2/gallon gas would be welcome to individual American consumers but the wrong solution for the future of America.
With $2 gasoline, Americans would resume the race to consume its non-renewable energy resources at a fantastic rate. Americans would probably consume much of the domestic oil from various American reserves leaving this nation open to attacks from countries that still have petroleum in the future. No lessons would be learned about the value of conservation of energy resources and VIABLE alternative sources as opposed to Congressman Jerry Moran’s diatribe on this mornings EAGLE editorial page.
So, Bill Wilson try again. If you are trying to develop your editorial skills, try writing about the value of conservation of energy usage.
Do you really think any serious alternative energy discussion is possible given the substantial influence Big Oil exerts over the government?